Business
Luxell Announces New CEO Appointment
Luxell Announces New CEO Appointment.
About this update from Newlox Gold Ventures Corp.
[{"type":"text","content":"\n\n\n\nTORONTO, Oct. 22 /CNW/ - The Board of Directors of Luxell Technologies\nInc. (LUX-TSX) is pleased to announce the appointment of Jean-Louis Larmor, as\npermanent Chief Executive Officer, effective today. Anthony DeCristofaro,\nLuxell's Chairman of the Board, stated that "the process of turning around a\ncompany that has experienced considerable financial strain is not an easy one\nbut Mr. Larmor, who initially joined the company as Senior Vice President\nBusiness Development at the beginning of January 2007, has demonstrated a\ncommitment and knowledge of the business and sector which exceeded that of all\nthe other very qualified candidates. His contributions to building the sales\nand customer base have been extremely significant." Mr. Larmor replaces David\nPasieka who has acted as interim CEO for the past four months and who led the\nsearch for the permanent CEO.\n\n\nMr. Larmor's experience includes over 25 years of progressive positions\nin business development, strategic planning and senior management positions in\nthe aerospace and defense systems sector. He successfully held positions with\nmajor international corporations such as Aerospatiale, Sextant Avionique,\nThomson Csf and THALES. His involvement has always been with international\nprograms and he has held positions in various European locations as well as\nthe U.S.\n\n\nMr. Larmor's relocation to Canada occurred in 1997 when he was charged\nwith establishing THALES Avionics Canada. He has also held several senior\nmanagement positions in Canada, the U.S. and a CEO position in Europe.\n\n\nMr. Larmor stated that he looked forward "to the great challenge and\nopportunity this gives me to add to the growth prospects I see for Luxell in\nthe aerospace and defense industries. Ever since achieving the status of being\nFrance's youngest registered pilot I have had a tremendous passion for the\naerospace industry and this position with Luxell creates new opportunities for\ngrowth and strategic partnerships in our overall business category."\n\n\nMr. Larmor added that while he was with Luxell competitors, "... my\nobservations of Luxell's expertise and the company's work in the field of flat\npanel displays, and newer technologies such as OLED has led me to believe that\nthere are excellent opportunities and technology applications to be ...